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U.S. real gross domestic product (GDP) contracted at an annual rate of .1 percent in the fourth quarter of 2012. The reduction marks the first decline in U.S. real GDP since the end of the Great Recession in June 2009. The dip in output brings to the forefront anxieties about whether the economy is headed toward another recession. To evaluate the chances of another recession, we analyze the current factors shaping spending and the outlook for these components of economic activity.Read the Entire Report